Tobam Sells 12,297 Shares of Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Tobam lowered its position in Compañía de Minas Buenaventura S.A.A. (NYSE:BVN) by 57.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 9,094 shares of the mining company’s stock after selling 12,297 shares during the period. Tobam’s holdings in Compañía de Minas Buenaventura S.A.A. were worth $105,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Barclays PLC grew its stake in Compañía de Minas Buenaventura S.A.A. by 37.2% in the third quarter. Barclays PLC now owns 161,288 shares of the mining company’s stock worth $2,232,000 after purchasing an additional 43,692 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Compañía de Minas Buenaventura S.A.A. by 212.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,698,044 shares of the mining company’s stock valued at $23,501,000 after buying an additional 1,153,819 shares in the last quarter. Weiss Asset Management LP purchased a new stake in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $1,367,000. Sanctuary Advisors LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $153,000. Finally, Harbour Capital Advisors LLC bought a new position in shares of Compañía de Minas Buenaventura S.A.A. in the 3rd quarter worth about $629,000.

Compañía de Minas Buenaventura S.A.A. Trading Down 0.8 %

Shares of NYSE BVN opened at $13.07 on Friday. The firm’s 50 day moving average price is $12.60 and its 200-day moving average price is $13.11. Compañía de Minas Buenaventura S.A.A. has a 52-week low of $11.50 and a 52-week high of $18.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.82. The company has a market cap of $3.32 billion, a PE ratio of 9.27 and a beta of 0.80.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BVN. StockNews.com upgraded shares of Compañía de Minas Buenaventura S.A.A. from a “hold” rating to a “buy” rating in a report on Friday, December 27th. Scotiabank upgraded Compañía de Minas Buenaventura S.A.A. from a “sector underperform” rating to a “sector perform” rating and set a $15.00 price target on the stock in a research note on Thursday, November 21st.

Compañía de Minas Buenaventura S.A.A. Profile

Compañía de Minas Buenaventura SAA. engages in the exploration, development, construction, and operation of mineral processing business. The company explores for gold, silver, lead, zinc, and copper metals. It operates operating mining units, including Tambomayo located in the Caylloma province, Orcopampa Unit located in the province of Castilla, Uchucchacua located in province of Oyón, Julcani located in province of Angaraes, Peru, as well as San Gabrie located in the province of General Sánchez Cerro, in the Moquegua region.